Colliers to lease and market Airport Distribution Center, a 247,000-square-foot speculative industrial development adjacent to CAE
February 10, 2022
Colliers | South Carolina’s industrial brokerage team of Chuck Salley, SIOR, Dave Mathews, SIOR, Thomas Beard, SIOR and John Peebles have been hired for brokerage and marketing services for Airport Distribution Center, a 247,000-square-foot industrial speculative building located off of Platt Springs Road and Colite Drive, adjacent to Columbia Metropolitan Airport (CAE).
Indianapolis-based developer Scannell Properties will break ground on the site this month. They have hired Colliers to bring distribution or manufacturing users to the development.
The Class A building is currently scheduled to be completed in the third quarter of 2022 and will feature 32-foot clear heights, 71 trailer parking spaces, 22 dock-high doors, an ESFR fire suppression system and LED lighting.
Airport Distribution Center is located on the border of CAE Enterprise Park, which is home to Flex, Harsco Rail, L&L Products, CEEUS, Inc., Allied Air Enterprises, Beverage South and Ferrous Engineering and Tool. A new stoplight will be installed at the corner of Platt Springs Road and Enterprise Parkway to improve access to the entire industrial park.
“Airport Distribution Center is located within a mile of both the UPS Air and Ground Hubs and the FedEx Air Ship Center, making it ideal for e-commerce businesses and last-mile delivery service providers,” said Salley, Managing Director | Industrial Services for Colliers’ Columbia office. “The property’s access to three interstate systems within 10 minutes allows quick access to surrounding submarkets and regional markets as well as the Port of Charleston.”
The building is Scannell Properties’ first development in Columbia. They have completed several other build-to-suit and speculative industrial development projects in South Carolina, including Hillside Enterprise Park in Duncan and three buildings at Legacy East in Rock Hill.
“While Scannell is not new to South Carolina, we are excited to break into the Columbia market,” said Noam Newman, Development Manager at Scannell Properties. “We recognize the opportunity for growth in this market and we have planned strategically to deliver building solutions to meet the current market demand.”
Headquartered in Indianapolis, Scannell Properties is a privately owned real estate development and investment company that focuses on build-to-suit and speculative development projects throughout the United States, Canada and Europe. It offers experienced leadership, a history of successful commercial development projects, broad geographic reach and expertise in a wide range of building types.
Salley, Mathews, Beard and Peebles are the leading industrial brokerage team in central South Carolina, specializing in leasing, user sales and investment sales of industrial properties. Their multifaceted platform gives them a unique insight into market conditions for all types of industrial properties.
About Colliers
Colliers | South Carolina has over 140 staff members, including 62 licensed real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2021 brokerage volume exceeded $1 billion, which included over 590 sales and leasing transactions. In addition to traditional commercial real estate representation services for our clients, the company is actively engaged in Corporate Solutions and Healthcare Services. Colliers is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM) and is the largest manager of commercial real estate properties in South Carolina, with a portfolio of over 17 million square feet of office, industrial, retail and healthcare properties. Colliers’ staff hold 54 professional designations, the most of any firm in South Carolina. Colliers | South Carolina’s partner, LCK, provides project management services for new facilities and renovations across South Carolina and set a new record by managing a portfolio of projects approaching $1 billion in volume during 2021.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 67 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. With annualized revenues of $3.0 billion ($3.3 billion including affiliates) and $40 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
